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Feb 28, 2024 · Mayank Bidawakta announced on LinkedIn that Koo is in discussions for a strategic partnership with multiple partners. VerSe Innovation is in advanced talks to acquire Koo through a share-swap agreement. The potential deal could be finalized within weeks. Koo's investors include Tiger Global, Accel, and 3One4 Capital. ETtech.
- Ettech
Sep 15, 2023 · Koo, India’s alternative to Twitter, is looking to find a strategic partner with a “distribution strength” as it enters its “next phase,” according to its co-founder, amid a funding ...
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Sep 15, 2023 · Koo's troubles do not end there. Along with a declining user base, Koo's cash burn remains high, too. The Bengaluru-based company was burning around Rs 10.2 crore in April this year.
Feb 28, 2024 · The report comes as Koo has been on the lookout for new capital to fuel its growth and power its operations. Koo, which has raised over $60 million from investors, including Tiger Global and Accel, has been exploring strategic partnerships to bolster its distribution strength.
Sep 18, 2023 · Sep 18, 2023, 02:57:48 PM IST. FONT SIZE. While Koo claims it came close to beating X (formerly Twitter) in India within six months, the current market conditions have now forced it to explore strategic partnerships or funding. What led the company into this predicament?
Apr 25, 2024 · A Koo spokesperson said, “We are in talks with strategic partners for Koo. This is taking longer than expected. In order to get the partnership through we have ploughed in substantial...
Sep 16, 2023 · Business. Koo looking for ‘strategic partner’ who has the distribution strength. In a LinkedIn post, Bidawatka said that the next phase for Koo is to “build scale and that will happen with ei-ther funding or through a strategic partnership with someone who already has scale” in the “current reality of a slow investor market”. Sentinel Digital Desk.
